The following balance sheet represents Boles Electronics Corporations' position at the time it filed for bankruptcy

Cash	$10	Account payable	$1600
Receivables	100	Notes payable	500
Inventories	890	Wages payable	150
Total current asset	$1000	Taxes payable	50
Net plant	4000	Total current liabilities	$2300
Net equipment	5000	Mortgage bonds	2000
Total assets	$10000	Subordinated debentures	2500
Preferred stock	1500
Common stock	1700
Total claims	$10000

The mortgage bonds are secured by the plant but not by the equipment. The subordinateddebentures are subordinated to notes payable. The firm was unable to reorganize under Chapter 11; therefore, it was liquidated under Chapter 7. The trustee, whose legal and administrative fees amounted to $200000, sold off the assets and received the following proceeds (in thousands of dollars)

Plant $1600

Equipment 1300

Receivables 50

Inventories 240

Total $3190

In addition, the firm had $10,000 in cash available for distribution. No single wage earner had over $2000 in claims, and there were no unfunded pension plan liabilities.

What is the total amount available for distribution to all claimants? What is the total of creditor and trustee claims? Will the preferred and common stockholders receive any distributions? Determine the dollar distribution to each creditor and to the trustee. What percentage of each claim is satisfied?